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Knowledge Base > SaaS > What is the SaaS sales structure?
The SaaS (Software as a Service) sales structure can vary depending on the company and its sales strategy, but it typically includes the following elements:
If you’re interested in getting started selling SaaS, here are some steps you can take:
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The most important step in the SaaS sales structure is the discovery phase. This is when the sales team learns more about the prospect’s needs and pain points, which allows them to tailor their presentation of the SaaS product to better fit the prospect’s specific requirements. By understanding the prospect’s unique situation, the sales team can demonstrate the value of the SaaS product in a more compelling way, increasing the chances of closing the sale.
Marketing plays a critical role in the SaaS sales structure by generating leads and creating awareness of the product. The marketing team’s efforts help to identify potential customers and create interest in the product, which the sales team can then use to further qualify and engage with these prospects.
The SaaS sales structure differs from traditional sales structures in several ways. For one, the sales process is typically more focused on building a relationship with the customer and providing ongoing support, as opposed to simply closing a one-time sale. Additionally, the SaaS sales structure often involves a subscription-based pricing model, which requires a different approach to pricing and negotiation compared to traditional sales structures.
Some common challenges in the SaaS sales structure include addressing customer concerns around data security and privacy, managing churn and retention, and demonstrating the value of the product in a way that resonates with the customer’s specific needs. Additionally, the subscription-based pricing model can sometimes be difficult to negotiate and may require a longer-term perspective on revenue generation compared to traditional sales structures.
Success in the SaaS sales structure can be measured in several ways, including the number of qualified leads generated, the conversion rate from lead to customer, the average revenue per customer, and the customer retention rate. Ultimately, the goal of the SaaS sales structure is to create a sustainable revenue stream through recurring subscriptions, so metrics that focus on long-term growth and retention are especially important.